The difference between good and exceptional business leaders who transform organizations is one: The latter first understand the kind of the industry they are operating in before implementing any new developments. Some organizations are by law and required to have a fully-fledged risk management department. This is because risk is so critical to the business that if some events materialized, the organizations would collapse. These could be legal or technology related events if an entity is fully reliant on IT system, for example. If an IT system of a bank got any problem, of prologed downtime where by customers are…
Understanding cloud computing
Cloud computing is gaining momentum as it enables small and large companies alike to gain unprecedented competitiveness. You don’t need a lot of capital to invest in sophisticated ICT applications, software or infrastructure. As long as you have fast internet connection, and the brains to do it, you identify a credible provider and run all your computing needs on the cloud. A case in point In the past, to acquire a robust enterprise resource planning (ERP) application like SAP; or ACL, you needed to part with over US $100,000+ in one-off capital expenditure to acquire the application. Then invest in training…
